Lloyds Faces FCA Probe Over Car Finance Commissions
Exclusive: The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance commission arrangements, potentially affecting millions of customers.
Category : Search result: banking app crash
Lloyds faces FCA car finance commission investigation
Lloyds Banking Group is under investigation by the Financial Conduct Authority regarding historical motor finance commission arrangements, potentially impacting millions of customers.
Ben Smith appointed Newcastle Building Society CEO
Newcastle Building Society announces Ben Smith as incoming Chief Executive, bringing extensive financial services experience to lead the mutual's next chapter of growth and member-focused strategy.
Lloyds Bank cuts 1,600 jobs in restructuring
Lloyds Banking Group reveals plans to slash 1,600 jobs while creating 830 new roles in strategic restructuring. The changes affect multiple locations including Bristol and Edinburgh as the bank accelerates its digital transformation.
Bank error leaves man £2.6 million richer
A British man's ordinary day turned extraordinary when he discovered his bank account had been credited with an unexpected £2.6 million payment, sparking a whirlwind of excitement and ethical dilemmas.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
JP Morgan mandates biometric data for UK staff access
Banking giant JP Morgan requires all UK headquarters staff to share fingerprint and facial recognition data for building access, sparking privacy debates and union concerns.
Queenstown forces Bendigo Bank cash policy reversal
The remote community of Queenstown, Tasmania, has emerged victorious in a landmark battle against banking giant Bendigo Bank, successfully reversing a controversial cashless policy that threatened to leave elderly and vulnerable residents stranded.
UK Government Reveals Major Banking Compensation Shake-Up
The Treasury has announced sweeping reforms to the Financial Services Compensation Scheme that could safeguard millions of British savers and transform banking security.
Lloyds Bank makes £450m profit from Ferrari stake sale
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Major UK banks hit by payment system outage
Millions of UK banking customers faced payment chaos as major high street banks including Lloyds, Barclays and Santander experienced significant technical failures, leaving many unable to send or receive money.
Lloyds warns of bigger car finance scandal hit
Lloyds Banking Group reveals mounting financial pressure from the car finance mis-selling scandal, with provisions now expected to significantly exceed initial estimates as regulatory scrutiny intensifies.
HSBC restructures as Hong Kong boss departs, London HQ strengthened
Exclusive: Hang Seng Bank CEO Diana Cesar exits amid HSBC's strategic pivot to London headquarters, signalling major Asian restructuring for the banking giant.
Lloyds Bank Under FCA Investigation: Shares Drop
Lloyds Banking Group faces formal FCA investigation over potential regulatory breaches, sending shares plummeting as market confidence wavers.
Lloyds faces FCA probe over motor finance practices
The Financial Conduct Authority has launched a formal investigation into Lloyds Banking Group's motor finance lending practices, raising concerns about potential customer harm in the lucrative car finance market.
Revolut Founder Becomes UK Tax Resident
The billionaire CEO of British fintech giant Revolut has officially established UK tax residency, cementing London's status as Europe's premier financial technology hub.
FCA probes insider trading in banking shares
The Financial Conduct Authority launches investigation into suspected insider dealing surrounding major banking stocks including Lloyds and Barclays, causing significant market turbulence.
Metro Bank IT glitch shows false negative balances
Thousands of Metro Bank customers face financial chaos after major system failure incorrectly shows negative balances and blocks access to funds in widespread banking glitch.
Barclays £900 Switch Bonus: How to Claim
Barclays is offering one of the most generous bank switching bonuses of 2024. Discover how eligible customers can claim £175 upfront plus £725 in regular cashback through their Blue Rewards scheme.
Metro Bank glitch leaves customers with missing money
Thousands of Metro Bank customers faced payment chaos and missing money as a major technical glitch crippled online and mobile banking services across the UK.
Metro Bank App Crash: Customers Locked Out of Accounts
Metro Bank customers left stranded as mobile app and online services crash for hours, with frustrated users unable to access their money or make payments during widespread outage.
Commonwealth Bank withdraws invasive customer questions
Australia's largest bank retreats from intrusive financial health check survey asking about relationships, health and finances following widespread backlash and privacy concerns.
Virgin Media customers face sudden account closures
Thousands of Virgin Money customers report being locked out of accounts without warning, sparking financial chaos and urgent calls for regulatory action.
Three major banks shutting dozens of branches across UK
Lloyds, Halifax and Barclays announce sweeping branch closures across England and Wales, leaving customers facing longer journeys to access in-person banking services.
Feeld Dating App Sees 80% Revenue Surge and User Growth
The alternative dating platform Feeld reports staggering 80% revenue surge and expanding user numbers, signalling major shift in digital dating landscape.
Lloyds Bank cuts overdraft fees from £150 to £15
Lloyds Banking Group announces significant reduction in overdraft fees, cutting charges from £150 to just £15 in major customer-friendly overhaul.
Runna App Review: AI-Powered Running Coach
Discover how Runna's personalised training plans and Strava integration are revolutionising running for UK athletes. Our in-depth review explores whether this smart coaching app delivers results.
HSBC freezes Melbourne woman's account without explanation
A Melbourne mother's life turned upside down when HSBC suddenly froze her account without explanation, leaving her unable to access her own money for essential expenses in a shocking case of banking bureaucracy gone wrong.
Badenoch criticised over Farage banking row intervention
Business Secretary Kemi Badenoch faces criticism after intervening in Nigel Farage's Coutts banking controversy, raising questions about political influence in financial services.
Lloyds Group Shutters 53 More Bank Branches
Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.
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